CNNE - Cannae Holdings Inc Stock Price, Fair Value and News

20.05USD-0.16 (-0.79%)Market Closed

Market Summary

USD20.05-0.16

Market Closed

-0.79%

CNNE Alerts

1 major insider sales recently.

CNNE Stock Price

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CNNE RSI Chart

CNNE Valuation

Market Cap

1.5B

Price/Earnings (Trailing)

-4.53

Price/Sales (Trailing)

2.55

EV/EBITDA

-8.52

Price/Free Cashflow

-16.55

CNNE Price/Sales (Trailing)

CNNE Profitability

EBT Margin

-36.33%

Return on Equity

-13.81%

Return on Assets

-11.95%

Free Cashflow Yield

-6.04%

CNNE Fundamentals

CNNE Revenue

Revenue (TTM)

570.0M

Rev. Growth (Yr)

-23.38%

Rev. Growth (Qtr)

-16.92%

CNNE Earnings

Earnings (TTM)

-320.9M

Earnings Growth (Yr)

-49.18%

Earnings Growth (Qtr)

54.01%

Breaking Down CNNE Revenue

Last 7 days

2.8%

Last 30 days

-9.3%

Last 90 days

-1.5%

Trailing 12 Months

6.4%

How does CNNE drawdown profile look like?

CNNE Financial Health

Current Ratio

1.65

Debt/Equity

0.04

Debt/Cashflow

-0.86

CNNE Investor Care

Dividend Yield

0.46%

Dividend/Share (TTM)

0.1

Buy Backs (1Y)

4.95%

Diluted EPS (TTM)

-4.3

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	649.0M	627.3M	606.4M	570.0M
2022	737.7M	709.8M	688.3M	662.1M
2021	584.6M	684.4M	730.7M	742.2M
2020	289.2M	370.4M	466.0M	585.7M
2019	109.8M	130.9M	151.9M	173.0M
2018	1.2B	1.2B	1.2B	88.8M
2017	1.2B	1.2B	1.2B	1.2B
2016	0	0	1.3B	1.2B
2015	0	0	0	1.4B

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Cannae Holdings Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 17, 2024	massey richard n	sold	-588,900	19.63	-30,000	chief executive officer
Apr 10, 2024	massey richard n	sold	-1,030,000	20.6	-50,000	chief executive officer
Apr 09, 2024	massey richard n	sold	-1,041,060	20.8213	-50,000	chief executive officer
Apr 05, 2024	massey richard n	sold	-474,081	20.5675	-23,050	chief executive officer
Mar 29, 2024	ammerman douglas k	acquired	12,232	22.24	550	-
Mar 29, 2024	martire frank r	acquired	25,020	22.24	1,125	-
Mar 29, 2024	harris hugh r	acquired	15,790	22.24	710	-
Mar 29, 2024	meinhardt erika	acquired	16,880	22.24	759	-
Mar 19, 2024	gravelle michael l	acquired	-	-	11,292	executive vice president
Mar 15, 2024	sadowski peter t	sold (taxes)	-53,472	21.96	-2,435	evp, chief legal officer

Which funds bought or sold CNNE recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	AMALGAMATED BANK	reduced	-61.73	-68,000	53,000	-%
Apr 23, 2024	WASHINGTON TRUST Co	unchanged	-	4,548	37,052	-%
Apr 23, 2024	FIFTH THIRD BANCORP	sold off	-100	-546	-	-%
Apr 23, 2024	WEDGE CAPITAL MANAGEMENT L L P/NC	reduced	-13.33	-89,675	7,344,490	0.12%
Apr 23, 2024	GODSEY & GIBB, INC	unchanged	-	5,307	43,235	-%
Apr 23, 2024	WETZEL INVESTMENT ADVISORS, INC.	unchanged	-	396	5,396	-%
Apr 22, 2024	RAYMOND JAMES & ASSOCIATES	added	15.71	1,780,610	7,361,660	-%
Apr 22, 2024	MetLife Investment Management, LLC	reduced	-3.23	8,939	702,477	-%
Apr 19, 2024	REDMONT WEALTH ADVISORS LLC	added	6.74	121,822	683,769	0.95%
Apr 18, 2024	WASATCH ADVISORS LP	sold off	-100	-363,023	-	-%

Are Funds Buying or Selling CNNE?

Are funds buying CNNE calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own CNNE

No. of Funds

CNNE Alerts

1 major insider sales recently.

Unveiling Cannae Holdings Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 28, 2024	foley william p ii	6.6%	4,834,113	SC 13G
Feb 13, 2024	vanguard group inc	8.93%	6,315,775	SC 13G/A
Feb 09, 2024	fmr llc	-	0	SC 13G/A
Feb 07, 2024	davenport & co llc	6.73%	4,758,233	SC 13G
Jan 30, 2024	river road asset management, llc	7.9%	5,589,766	SC 13G/A
Jan 24, 2024	blackrock inc.	9.3%	6,598,957	SC 13G/A
Apr 10, 2023	vanguard group inc	10.26%	7,825,101	SC 13G/A
Feb 13, 2023	fidelity national financial, inc.	0.0%	0	SC 13G/A
Feb 09, 2023	fmr llc	-	0	SC 13G/A
Feb 09, 2023	vanguard group inc	9.30%	7,253,671	SC 13G/A

Recent SEC filings of Cannae Holdings Inc

View All Filings

Date Filed	Form Type	Document
Apr 17, 2024	144	Notice of Insider Sale Intent
Apr 17, 2024	4	Insider Trading
Apr 15, 2024	PRE 14A	PRE 14A
Apr 11, 2024	4	Insider Trading
Apr 10, 2024	144	Notice of Insider Sale Intent
Apr 09, 2024	144	Notice of Insider Sale Intent
Apr 09, 2024	144	Notice of Insider Sale Intent
Apr 09, 2024	4	Insider Trading
Apr 05, 2024	SC TO-I/A	SC TO-I/A
Apr 02, 2024	4	Insider Trading

Peers (Alternatives to Cannae Holdings Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
MCD	199.8B	25.5B	-2.02%	-5.56%	23.59	7.84	9.97%	37.09%
SBUX	100.5B	36.7B	-3.13%	-19.60%	23.4	2.74	11.46%	29.29%
CMG	80.3B	9.9B	1.13%	62.20%	65.31	8.13	14.33%	36.66%
DRI	18.8B	11.2B	-5.59%	4.43%	18.15	1.68	8.53%	9.08%
DPZ	17.0B	4.5B	4.95%	45.67%	32.72	3.79	-1.27%	14.78%
TXRH	10.5B	4.6B	2.74%	44.94%	33.63	2.26	15.36%	13.07%
MID-CAP
SHAK	3.8B	1.1B	-8.47%	81.00%	184.45	3.5	20.77%	193.73%
BLMN	2.4B	4.7B	-0.04%	14.47%	9.51	0.5	5.77%	142.76%
PZZA	2.1B	2.1B	-2.25%	-13.63%	25.71	0.99	1.60%	21.14%
SMALL-CAP
CAKE	1.8B	3.4B	2.31%	8.80%	17.8	0.52	4.13%	135.03%
JACK	1.1B	1.7B	-13.21%	-36.06%	9.89	0.7	0.14%	-10.41%
BJRI	762.7M	1.3B	-4.32%	10.85%	38.79	0.57	3.84%	382.34%
CHUY	529.2M	461.3M	-8.91%	-10.08%	16.8	1.15	9.26%	51.09%
ARKR	49.1M	184.8M	-1.96%	-20.81%	-7.82	0.27	-1.23%	-171.42%
BDL	47.6M	177.7M	2.40%	-9.83%	13.66	0.27	9.28%	-56.52%

Cannae Holdings Inc News

Latest updates

Cannae Holdings Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-16.9%	119,300,000	143,600,000	152,800,000	154,300,000	155,700,000	164,500,000	174,500,000	167,400,000	181,900,000	186,000,000	202,400,000	171,900,000	170,400,000	139,700,000	102,600,000	173,000,000	50,700,000	44,100,000	21,400,000	56,800,000	175,150,000
Costs and Expenses	-26.3%	144,000,000	195,500,000	172,400,000	177,000,000	176,400,000	185,800,000	201,500,000	243,000,000	218,400,000	210,800,000	238,600,000	207,900,000	231,500,000	168,100,000	148,300,000	226,300,000	342,100,000	278,500,000	293,600,000	273,400,000	-
Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	294,000,000	309,600,000	289,100,000	365,600,000
EBITDA Margin	-78.9%	-0.30	-0.17	0.37	0.11	-0.45	-0.73	-1.20	-0.53	-0.53	0.48	1.03	1.73	-	-	-	-	-	-	-	-	-
Interest Expenses	-36.2%	3,700,000	5,800,000	4,000,000	4,400,000	3,700,000	3,600,000	2,600,000	2,400,000	2,900,000	2,300,000	2,500,000	2,100,000	2,600,000	1,600,000	1,000,000	3,800,000	3,400,000	5,200,000	5,500,000	3,700,000	1,100,000
Income Taxes	57.3%	-17,300,000	-40,500,000	-21,800,000	2,600,000	21,500,000	17,000,000	-66,500,000	-61,900,000	-26,600,000	-34,700,000	49,300,000	-62,000,000	145,600,000	35,100,000	131,100,000	169,400,000	8,000,000	15,100,000	7,100,000	-6,000,000	18,800,000
Earnings Before Taxes	107.2%	13,300,000	-185,100,000	-63,100,000	27,800,000	80,600,000	150,100,000	-223,100,000	-343,200,000	-124,500,000	-194,600,000	235,800,000	-349,700,000	617,700,000	164,300,000	539,700,000	860,200,000	123,000,000	67,500,000	49,600,000	-2,200,000	45,300,000
EBT Margin	-57.6%	-0.36	-0.23	0.31	0.05	-0.51	-0.79	-1.25	-0.58	-0.58	0.42	0.98	1.66	-	-	-	-	-	-	-	-	-
Net Income	54.0%	-72,350,000	-157,300,000	-87,200,000	-4,100,000	-48,500,000	55,300,000	-263,300,000	-247,600,000	-75,800,000	-121,000,000	176,400,000	-233,100,000	1,013,000,000	131,900,000	-6,400,000	647,700,000	24,500,000	46,200,000	23,400,000	-16,800,000	47,000,000
Net Income Margin	-14.9%	-0.56	-0.49	-0.01	-0.28	-0.65	-0.68	-0.91	-0.28	-0.26	1.14	1.59	1.55	-	-	-	-	-	-	-	-	-
Free Cashflow	-67.3%	-33,300,000	-19,900,000	-23,600,000	-28,400,000	-27,000,000	-62,500,000	-103,200,000	-47,200,000	-43,200,000	-83,100,000	-81,900,000	-2,700,000	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-5.4%	2,687	2,841	2,996	3,133	3,126	1,216	3,188	3,493	3,890	4,165	4,440	4,305	4,613	1,495	2,000	3,789	2,705	2,092	1,894	1,852	1,958
Current Assets	1194.2%	177	14.00	190	313	311	130	129	76.00	122	49.00	111	132	844	109	36.00	87.00	152	631	241	165	223
Cash Equivalents	82.8%	106	58.00	113	185	248	371	101	51.00	86.00	234	271	440	725	406	-	923	444	534	153	74.00	121
Inventory	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6.00	-	7.00	8.00	16.00	33.00	33.00	31.00
Net PPE	-7.3%	59.00	63.00	79.00	85.00	88.00	89.00	92.00	99.00	101	100	103	120	146	127	-	133	138	163	156	160	169
Goodwill	0%	53.00	53.00	53.00	53.00	53.00	53.00	53.00	53.00	53.00	53.00	53.00	53.00	53.00	54.00	-	54.00	54.00	66.00	77.00	77.00	77.00
Liabilities	-4.6%	378	396	414	414	411	446	482	450	549	723	898	904	828	713	638	545	585	562	619	620	755
Current Liabilities	-54.8%	108	238	128	124	123	209	187	230	180	8.00	1,666	79.00	202	53.00	26.00	39.00	41.00	199	185	177	188
Long Term Debt	3.0%	103	100	98.00	100	95.00	96.00	96.00	14.00	14.00	220	25.00	46.00	52.00	37.00	-	64.00	43.00	120	194	195	206
LT Debt, Current	-19.4%	3.00	3.00	5.00	2.00	2.00	13.00	11.00	2.00	2.00	7.00	27.00	14.00	11.00	33.00	-	6.00	6.00	7.00	7.00	6.00	6.00
LT Debt, Non Current	3.0%	103	100	98.00	100	95.00	96.00	96.00	14.00	14.00	220	25.00	46.00	52.00	37.00	-	64.00	43.00	120	194	195	206
Shareholder's Equity	1560.4%	2,325	140	2,582	2,719	2,719	173	2,706	3,043	3,341	179	3,634	3,550	3,785	3,272	-	3,134	2,205	1,530	1,275	1,232	1,203
Retained Earnings	-6.7%	901	966	1,123	1,211	1,215	1,187	1,132	1,395	1,643	1,752	1,873	1,697	1,930	1,399	-27.60	1,267	791	144	119	73.00	50.00
Additional Paid-In Capital	0.6%	1,977	1,966	1,957	1,946	1,936	1,924	1,914	1,894	1,888	1,884	1,881	1,878	1,876	1,872	812	1,868	1,406	1,397	1,156	1,152	1,149
Shares Outstanding	-0.6%	70.00	71.00	73.00	76.00	76.00	83.00	85.00	86.00	90.00	90.00	91.00	92.00	-	-	-	-	-	-	-	-	-
Minority Interest	-140.6%	-15.30	38.00	-10.00	-6.80	-3.90	107	3.00	4.00	6.00	138	6.00	5.00	6.00	12.00	-	16.00	25.00	41.00	63.00	67.00	72.00
Float	-	-	-	1,368	-	-	-	1,450	-	-	-	2,849	-	-	-	-	3,536	-	-	-	1,941	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-67.3%	-33,300	-19,900	-14,900	-19,700	-18,300	-53,800	-94,500	-38,500	-34,500	-74,400	-73,200	6,000	77,000	-109,600	-47,000	-34,300	-45,100	-14,600	-30,500	6,000	25,900
Share Based Compensation	0%	1,000	1,000	900	600	500	300	400	300	400	700	600	700	900	1,100	1,100	1,100	1,300	1,400	1,000	900	800
Cashflow From Investing	398.3%	86,700	17,400	-6,600	-44,400	-41,100	360,600	135,900	65,800	165,300	-155,700	800	-282,800	249,700	-407,200	52,000	31,300	265,700	97,900	94,000	-481,800	205,800
Cashflow From Financing	89.8%	-5,300	-52,100	-50,600	1,200	-64,000	-36,300	8,500	-62,400	-279,200	189,000	-96,100	-4,100	-7,900	-	473,400	-86,400	159,900	-3,800	-111,000	274,000	33,500
Buy Backs	-86.1%	7,100	51,000	52,000	3,100	49,800	33,900	84,700	61,100	63,700	8,500	88,000	-	-	-	3,600	10,800	1,000	3,900	-	-	-

CNNE Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenues:
Total operating revenues	$ 570.0	$ 662.1	$ 742.2
Operating expenses:
Cost of restaurant revenue	474.9	571.4	617.4
Personnel costs	52.1	59.5	80.1
Depreciation and amortization	19.0	22.8	26.6
Other operating expenses, including asset impairments	142.9	153.0	151.6
Total operating expenses	688.9	806.7	875.7
Operating loss	(118.9)	(144.6)	(133.5)
Other income (expense):
Interest, investment and other income	13.6	2.5	21.1
Interest expense	(17.9)	(12.3)	(9.8)
Recognized losses, net	(83.9)	(181.2)	(310.8)
Total other expense	(88.2)	(191.0)	(299.5)
Loss before income taxes and equity in (losses) earnings of unconsolidated affiliates	(207.1)	(335.6)	(433.0)
Income tax benefit	(77.0)	(89.9)	(74.0)
Loss before equity in (losses) earnings of unconsolidated affiliates	(130.1)	(245.7)	(359.0)
Equity in (losses) earnings of unconsolidated affiliates	(194.0)	(183.9)	72.6
Net loss	(324.1)	(429.6)	(286.4)
Less: Net (loss) earnings attributable to non-controlling interests	(10.7)	(1.5)	0.6
Net loss attributable to Cannae Holdings, Inc. common shareholders	$ (313.4)	$ (428.1)	$ (287.0)
Earnings per share
Net loss per share (in usd per share)	$ (4.27)	$ (5.25)	$ (3.19)
Net loss per share (in usd per share)	$ (4.27)	$ (5.25)	$ (3.19)
Weighted average shares outstanding Cannae Holdings common stock, basic basis (in shares)	73.4	81.6	90.1
Weighted average shares outstanding Cannae Holdings common stock, diluted basis (in shares)	73.4	81.6	90.1
Restaurant revenue
Revenues:
Total operating revenues	$ 536.0	$ 630.6	$ 704.7
Other operating revenue
Revenues:
Total operating revenues	$ 34.0	$ 31.5	$ 37.5

CNNE Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 106.2	$ 247.7
Short-term investments	15.6	34.9
Other current assets	29.5	26.1
Income taxes receivable	26.0	1.9
Total current assets	177.3	310.6
Investments in unconsolidated affiliates	1,718.8	1,950.7
Equity securities, at fair value	290.9	384.9
Lease assets	143.5	156.0
Property and equipment, net	58.7	87.5
Goodwill	53.4	53.4
Other intangible assets, net	16.8	23.5
Deferred tax assets	82.0	22.7
Other long-term investments and noncurrent assets	145.3	136.2
Total assets	2,686.7	3,125.5
Current liabilities:
Accounts payable and other accrued liabilities, current	74.2	79.0
Lease liabilities, current	13.9	22.8
Deferred revenue	16.9	18.6
Notes payable, current	2.5	2.3
Total current liabilities	107.5	122.7
Lease liabilities, long-term	142.2	151.0
Notes payable, long-term	102.5	95.1
Accounts payable and other accrued liabilities, long-term	25.3	41.8
Total liabilities	377.5	410.6
Commitments and contingencies - see Note M
Equity:
Cannae common stock, $0.0001 par value; authorized 115,000,000 shares as of December 31, 2023 and December 31, 2022; issued of 92,844,329 and 92,583,280 shares as of December 31, 2023 and December 31, 2022, respectively; and outstanding of 70,367,088 and 76,254,972 shares as of December 31, 2023 and December 31, 2022, respectively	0.0	0.0
Preferred stock, $0.0001 par value; authorized 10,000,000 shares; issued and outstanding, none as of December 31, 2023 and December 31, 2022	0.0	0.0
Retained earnings	901.3	1,214.7
Additional paid-in capital	1,977.0	1,936.2
Less: Treasury stock, 22,477,241 and 16,328,308 shares as of December 31, 2023 and December 31, 2022, respectively, at cost	(533.9)	(414.0)
Accumulated other comprehensive loss	(19.9)	(18.1)
Total Cannae shareholders' equity	2,324.5	2,718.8
Noncontrolling interests	(15.3)	(3.9)
Total equity	2,309.2	2,714.9
Total liabilities and equity	$ 2,686.7	$ 3,125.5

About Cannae Holdings Inc

Cannae Holdings, Inc. is a principal investment firm. The firm primarily invests in restaurants, technology enabled healthcare services, financial services and more. It takes both minority and majority stakes. Cannae Holdings, Inc. was founded in 2014 and is based in Las Vegas, Nevada.

CEO	Mr. Richard Nelson Massey
WEBSITE	cannaeholdings.com
INDUSTRY	Restaurants
EMPLOYEES	11988

Cannae Holdings Inc Frequently Asked Questions

What is the ticker symbol for Cannae Holdings Inc? What does CNNE stand for in stocks?

CNNE is the stock ticker symbol of Cannae Holdings Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Cannae Holdings Inc (CNNE)?

As of Tue Apr 23 2024, market cap of Cannae Holdings Inc is 1.46 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CNNE stock?

You can check CNNE's fair value in chart for subscribers.

What is the fair value of CNNE stock?

You can check CNNE's fair value in chart for subscribers. The fair value of Cannae Holdings Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Cannae Holdings Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CNNE so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Cannae Holdings Inc a good stock to buy?

The fair value guage provides a quick view whether CNNE is over valued or under valued. Whether Cannae Holdings Inc is cheap or expensive depends on the assumptions which impact Cannae Holdings Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CNNE.

What is Cannae Holdings Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 23 2024, CNNE's PE ratio (Price to Earnings) is -4.56 and Price to Sales (PS) ratio is 2.57. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CNNE PE ratio will change depending on the future growth rate expectations of investors.